SpaceX Plans a $70-75 Billion IPO at a $1.75 Trillion Valuation
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SpaceX IPO Push Advances as Betting Markets Signal Delay
TLDR SpaceX plans to raise between $70 billion and $75 billion in its upcoming public offering. The company is targeting a valuation of about $1.75 trillion ahead of the IPO filing. Betting markets give a low probability for an official IPO announcement before May 1. Elon Musk plans to allocate up to 30% of shares to retail investors. Bank of America, Morgan Stanley, UBS, and Citi will manage different investor groups. SpaceX is preparing what …
SpaceX plans a $70-75 billion IPO at a $1.75 trillion valuation
SpaceX is pushing for what could be the biggest stock offering ever. But there’s a problem with the timing. Reports last week said the company plans to file IPO paperwork as soon as this week. They want to raise $70-$75 billion, with the company valued at $1.75 trillion. Those are massive numbers that would shatter records. Betting markets aren’t convinced the IPO will happen as quickly as reported, though. On Kalshi, people are giving it just a…
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